SOURCE: Sage Software

November 22, 2005 10:00 ET

Canada's Market-Leading Accounting Software Products Go Sage

Sage Brand Launched for Accpac, Simply Accounting, BusinessVision in Canada; Now Part of World's Largest Developer of Business Management Applications for Small and Mid-Sized Businesses

RICHMOND, BC -- (MARKET WIRE) -- November 22, 2005 -- Sage Software announced today the launch of new branding initiatives that bring Canada's market-leading accounting software products under the Sage family brand of business management solutions. Sage Software is the North American business of Sage Group plc, the world's largest developer of business management software for small and mid-sized businesses (SMBs). Sage has 4.5 million customers worldwide, including more than 500,000 in Canada spanning every province and territory, with installations in private and public companies, non-profit organizations, and municipal, provincial and federal governments.

Sage Software acquired BusinessVision in 2003, and Accpac and Simply Accounting in 2004. While the Sage name is a newcomer to Canada, the company's products have been the mainstay of accounting software for Canadian businesses for decades. Sage Accpac ERP, Sage BusinessVision, and Simply Accounting by Sage have been market leaders since they were first introduced in the late 1970s and mid-1980s.

Among the new Sage branding initiatives in Canada are the renaming of the popular accounting products with the Sage name, advertising in business publications such as Profit, Canadian Business and Quebec Entreprise, direct mail and e-marketing programs, and makeovers of the company's six facilities in Richmond, B.C. and in Markham, Mississauga, and Toronto, ON.

"Sage Software is the clear leader in Canadian accounting software for small and mid-sized businesses," said Alan Salmon, Vice President of Canadian operations for industry analyst firm K2 Enterprises. "Their products come from a culture of innovation, high service, and high customer value. Bringing the family of accounting products under a single Sage brand is an important step, and I would expect to see more collaboration of their R&D and service teams that will result in even better products and services."

Sage employs more than 500 people in its Canadian operations. Its Richmond, B.C. facility is the global research and development centre for the company's Sage Accpac ERP and Simply Accounting by Sage product lines. Ontario-based centres support R&D for Sage BusinessVision, Sage MAS 90 ERP, Sage FAS Fixed Assets, Peachtree by Sage accounting for US-based businesses, Sage Abra HRMS human resources management, and Sage Fundraising, software for nonprofit organizations of all sizes, including a solution especially for United Way organizations in Canada.

Sage has committed to expanding its Canadian operations and in the past year has added 93 employees, increased service teams supporting Simply Accounting, more than doubled its Peachtree Accounting development staff, and put in place a support team to work with the company's network of more than 6,000 accountants that recommend Sage accounting products in Canada. The company plans to consolidate its major Ontario-based offices into a single corporate campus plus a satellite office in 2006 and is further expanding its Richmond, B.C. office as the company's North American sales and service centre for the Accpac, Simply Accounting and BusinessVision lines.

About Sage Software (formerly Best Software)

Sage Software offers leading business management software and services that support the needs, challenges and dreams of more than 2.4 million small and mid-sized business customers in North America. Its parent company, The Sage Group plc (London: SGE.L), supports 4.5 million customers worldwide. For more than 25 years, Sage Software has delivered easy-to-use, scalable and customizable software for accounting, customer relationship management, human resources, time tracking and the specialized needs of accounting practices and the construction, distribution, manufacturing, nonprofit and real estate industries. For more information, please visit the Web site at www.sagesoftware.com/moreinfo or call (866) 308-2378.

© 2005 Sage Software, Inc. All rights reserved. All other brands are trademarks of their respective companies.

Contact Information

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